NOTE 9. INCOME TAXES

9 Months Ended

Jan. 31, 2015

Income Tax Disclosure [Abstract]

NOTE 9. INCOME TAXES

NOTE 9. INCOME TAXES

The Company has not recognized an income tax benefit for its operating losses generated based on uncertainties concerning its ability to generate taxable income in future periods. The tax benefit for the periods presented is offset by a valuation allowance established against deferred tax assets arising from the net operating losses and other temporary differences, the realization of which could not be considered more likely than not. In future periods, tax benefits and related deferred tax assets will be recognized when management considers realization of such amounts to be more likely than not. As of January 31, 2015, the Company has incurred net losses of approximately $131,462, resulting in a net operating loss for income tax purposes. NOLs begin expiring in 2032. The loss results in a deferred tax asset of approximately $41,600 at the effective statutory rate of 35%. The deferred tax asset has been off-set by an equal valuation allowance.

	January 31, 2015		April 30, 2014
Deferred tax asset, generated from net operating loss at statutory rates	$	46,000	$	30,200
Valuation allowance		(46,000)		(30,200)
	$	—	$	—

The reconciliation of the effective income tax rate to the federal statutory rate is as follows:

Federal income tax rate	35.0	%
Increase in valuation allowance	(35.0	%)
Effective income tax rate	0.0	%